Post
Topic
Board Bitcoin Discussion
Re: What do you stand to gain from the bull run.
by
Mr.suevie
on 23/02/2024, 20:42:37 UTC
For procrastinators, It's high time you all start accumulating Bitcoin aggressively through the DCA method, so that you wouldn't be left out from such an amazing opportunity.
Someone using DCA method to invest, be it in bitcoin or any other kind of investment does not need to be as aggressive as you have described above. DCA method is a passive way of investment which allows the investor to invest at their pace maintaining consistency. So, anyone using the DCA method shouldn't do so because of the coming bull run. They should have plans which might likely span to years.

Again, nothing is so sure in this industry and even the so called bull run could fail or not reach as anticipated. It is advisable not to invest in bitcoin with all your money. Take the risk that you are able to bear the consequences. Take good care of your self and invest according to your ability.
We should not miss this opportunity as much as possible. Although it is a risky investment but it was worth enough to take and besides, we know that we can't lose any if we hold and sell at a profiting price. DCA is a great working strategy but yes, we should still consider the market situation if we need to continue or if we need to take some break. We ain't sure about the incoming but in the current situation, I see that DCA is still applicable. Maybe we just stop the accumulation when the price hits $60k but while it was around $50k-$53k, still a good time to buy rather than miss this season.
With my speculation, I guessing the price can definitely hit atleast 120k$ so buying and holding more Bitcoin now isn't a bad idea at all and besides like you have already cleared the price is still around 53k although most person will be feeling that this particular price has already gone too high and buying now is just a waste of time where as their is still chance to make it big during the bull run and besides if you have the available funds you can actually buy like a Bitcoin whale and that would even be more better.